Goslogo - the odds are VERY good that we will have a result next...

Goslogo - the odds are VERY good that we will have a result next week. The Malolos well is already drill to 2,175m. There is a concrete plug there of about 20-30m depth. Once that is drilled (which shouldn't take that long) the oil reservoir is 10m below that. It should be noted (& this is what most long term GGX holders are hoping for) that they have previously tapped oil from this exact well (before it was plugged with concrete - why I don't know it was plugged but that's past history). So we & GGX actually know that oil IS THERE. It's just how much & at what flow rate that will put the cat into the pigeon coup (& excite the sp). The gas (in the same well) is & will be a bonus if it flow tests at a sufficient rate to warrant commercial extraction. Fingers crossed for the day we break the concrete plug in Malolos! It shouldn't be that long a wait, maybe a week but shouldn't be much more. People selling now are quite silly!